Saudi strikes Yemen after separatist leader skips talks
A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...
Geostrategy
US operation in Venezuela undermined international law: UN
"States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...
Geostrategy
Geostrategy
UN Security Council votes to reimpose Iran nuclear sanctions
Britain, France and Germany are signatories to a 2015 deal known as the Joint Comprehensive Plan of Action (JCPOA) intended...
- Amir Saeid Iravani, Iran's envoy to the UN, told the UN Security Council described the vote as the "politics of coercion."
- "Today's action is hasty, unnecessary and unlawful. Iran recognizes no obligation to implement it," he said.
Geostrategy
Israel army says will use ‘unprecedented force’ in Gaza City
Israel has pummeled Gaza City with air strikes and tank fire in its bid to seize it, nearly two years...
- The assault comes ahead of a planned move by several Western governments, including Britain and France, to recognize a Palestinian state at a UN summit next week.
- Israeli fire killed at least 33 people across the territory on Friday, 18 of them in Gaza City, according to a tally of figures given by Gaza hospitals contacted by AFP.
Science
After Japanese Softbank, US Govt, Chip-maker Nvidia to buy stake in rival Intel
Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its struggling...
- "This marks a fusion of two world-class platforms," said Nvidia CEO Jensen Huang. "Together, we will expand our ecosystems and lay the foundation for the next era of computing."
- The Trump administration surprised the tech industry last month by taking a 10 percent equity stake in Intel, recognizing the strategic importance of the company
Geostrategy
US again vetoes UN Security Council Gaza ceasefire call
The United States on Thursday again wielded its veto and thwarted a UN Security Council call for a ceasefire in...
- The 14 other members of the Council backed the resolution, initiated in August in response to the UN's official declaration of famine after nearly two years of Israel's war
- The vote came as Israeli tanks and jets pounded Gaza City, the target of a major new ground offensive, forcing Palestinians to flee south
Geostrategy
Gaza, Palestinian future to dominate UN gathering to be attended by 140 world leaders
Kicking off Monday, Saudi Arabia and France will co-chair meetings on the future of the Israeli and Palestinian two-state solution, which...
- Kicking off Monday, Saudi Arabia and France will co-chair meetings on the future of the Israeli and Palestinian two-state solution, which aims to see both sides existing alongside
- One world leader who will miss the gathering is Mahmud Abbas, the Palestinian president who Washington denied US visas to attend, along with his officials
Geostrategy
Qatar meets ICC head as it mulls legal action against Israel
Doha, Qatar -- Qatar has met with the president of the International Criminal Court as it seeks legal action against...
- Last week's deadly Israeli strike targeted Qatar-based leaders of Hamas and sent shock waves through the Gulf states that have long depended on the US for their security.
- Qatar, as an observer state at the ICC, cannot itself refer cases to the court.
Arts & Culture
Egypt says stolen pharoah’s bracelet melted down, sold for $4,000
Cairo, Egypt -- Egyptian police said on Thursday they arrested a museum employee and three alleged accomplices after a priceless...
- The 3,000-year-old bracelet, a gold band adorned with lapis lazuli beads, dated back to the reign of Amenemope, a pharaoh of Egypt's 21st Dynasty (1070-945 BC).
- Kept in a locked metal safe inside the museum's conservation lab, it was reported missing on Saturday by museum staff.
Business
Stocks rise on $5 billion Nvidia-Intel deal, Fed rate cut
Nvidia announced a $5 billion investment in struggling US rival to jointly develop chips for PCs and data centers. The...
- Investors were also reacting to Wednesday's US central bank decision to lower rates by 25 basis points, its first cut of the year.
- The decision to cut came even as US inflation runs well above policymakers' two-percent target, but analysts said the main focus was on the jobs market.
Economy
US Fed makes first rate cut of 25 basis points over employment risks as Trump mounts pressure
Fed Chair Jerome Powell stressed that the central bank remains "strongly committed" to maintaining its independence from politics, however, when...
- Fed Chair Jerome Powell stressed that the central bank remains "strongly committed" to maintaining its independence from politics
- He added that the Fed was "right to wait and see how tariffs and inflation and the labor market evolved" before lowering rates
Business
Dubai scores global gaming partnerships at Gamescom 2025
Dubai, UAE - Dubai Future Foundation (DFF) has signed a Memorandum of Understanding with XSOLLA, a global company that helps...
- The partnership was signed under the framework of the Dubai Programme for Gaming 2033 (DPG33) during DFF’s participation at Gamescom 2025 in Germany last month
- Thousands of visitors, international companies and delegations learned about Dubai’s gaming sector at the DFF-led Dubai Pavilion during Gamescom
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi strikes Yemen after separatist leader skips talks
A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...
Geostrategy
Company News
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Trump says Putin wants to end war, US to hold new talks with Ukraine
Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...
Geostrategy
In Data Center Alley, AI sows building boom, doubts
Ashburn, United States -- As planes make their final approach to Washington DC's Dulles Airport, just below lies Ashburn, a...
Business
US private sector lost 32,000 jobs last month in surprise drop
President Donald Trump has been touting the economy's health, and forecasts had incorrectly predicted the monthly data would show a...
Geostrategy
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Business
Amazon unveils new AI chip in battle against Nvidia
San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push...
- The move intensifies competition in the AI chip market, where Nvidia currently dominates with an estimated 80- to 90-percent market share.
- AWS also announced it is already developing Trainium4, expected to deliver at least three times the performance of Trainium3 for standard AI workloads.
Economy
Saudi powers forward with deficit spending to fund reforms
The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring...
- The state's general budget for 2026 would have total expenditures of 1.313 trillion riyals (350.1 billion dollars).
- The projected deficit amounts to 3.3 percent of GDP, which is lower than the deficit of 245 billion riyals estimated for 2025.
Economy
Saudi powers forward with deficit spending to fund diversification of its oil-dependent economy
Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
- The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into projects to attract investment and tourism
- The budget figures will be keenly watched by energy industry experts, with the hopes of gleaning insights into where Saudi Arabia expects oil revenues to head in the near future